Comparing Actual Results to Budgets Is an Example of Which

question 109

Multiple Choice

Comparing actual results to budgets is an example of which of the following management functions?

• A)Analyzing
• B)Planning
• C)Controlling
• D)Directing

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Definitions:

Products Pyramid

A hierarchical representation of a company’s product lines or portfolio, ranging from the core, fundamental products to niche, specialized items.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driving individuals to pursue and attain goals.

Maslow Hierarchy

A psychological theory proposing a five-tier model of human needs, from basic (physiological) to more complex (self-actualization) needs.

Social

Pertains to the interactions and relationships among individuals in a society and the structure and norms that guide these interactions.